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Question 1 Calculate the liquidity ratios from the given information: Current ratio Quick Ratio Absolute Liquid Ratio Liabilities Amt. Assets Amt. Share Capital Profit and
Question 1
Calculate the liquidity ratios from the given information:
- Current ratio
- Quick Ratio
- Absolute Liquid Ratio
Liabilities | Amt. | Assets | Amt. |
Share Capital Profit and Loss Account General Reserve Debentures Sundry creditors Bills Payable | 200000 30000 40000 420000 100000 50000
| Land and Building Plant and Machinery Stock Sundry Debtors Bills Receivable Cash at Bank | 140000 350000 200000 100000 10000 40000 |
| 840000 |
| 840000 |
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